The Justice Department is investigating a recently acquired unit of Ocwen Financial (OCN), the company announced Friday.

Delinquencies on loans that back commercial mortgage securities fell for the second consecutive month in February, to their lowest level in a year, according to a report published Monday.

Banks are moving both residential and commercial loans off their balance sheets at a faster pace and at higher prices than at any time since the beginning of the financial crisis.

Fifth Third Bancorp (FITB) is expanding its capacity to take on debt and has wrapped up a $100 million stock buyback.

Warren Buffett, the Oracle of Omaha, whose Berkshire Hathaway conglomerate owns the biggest stake in both companies, says he's likely to buy more of their shares in the future.

SCBT's deal for First Financial in South Carolina shows how wealth, mortgage and other fee businesses attract buyers that want to bulk up their noninterest revenue.

The Federal Deposit Insurance Corp. has freed the Bank of Granite in Granite Falls, N.C., from an enforcement action.

TBTF may just be the cool "in" phrase for the wealthy libertine set, according to Comedy Central's "The Daily Show."

The Columbus, Ga., company has righted itself, is pursuing growth opportunities and looks forward to the day when it is strong enough to buy other banks again, CEO Kessel Stelling says.

An uptick in home loans helped First PacTrust Bancorp (BANC) narrow its losses in the fourth quarter.

TSYS, a global payment solutions provider, will acquire NetSpend, a provider of reloadable prepaid debit cards to underbanked consumers, in an all cash transaction valued at approximately $1.4 billion.

The $36.5 billion-asset parent of Banco Popular de Puerto Rico said Friday it would sell nonperforming commercial and construction loans for $347 million to a group of investors that includes Perella Weinberg Partners.

Rising real estate values, a dearth of inventory, historically low interest rates and an abundance of capital that needs to be deployed by institutional investors are all factors spurring bulk loan sales.

Bank of America's (BAC) precrisis sales of mortgage-backed securities are under investigation by the New York attorney general.

In Stanislaus County, Calif., government officials collected more than $1.9 million in back taxes and proceeds this week from an auction of 30 tax-delinquent properties.

United Financial Bancorp in West Springfield, Mass., is closing a pair of Connecticut branches just months after buying them.

A big gain in servicing fees propelled Ocwen Financial (OCN) in the fourth quarter. Earnings at the Atlanta mortgage servicer rose to $65.1 million, compared with $9.7 million a year earlier.

The deal-hungry Independent Bank Group in Mckinney, Texas, is planning to raise up to $92 million through an initial public offering.

The head of Toronto-Dominion Bank (TD) said Thursday that he is not interested in buying Royal Bank of Scotland's U.S. operations.

Some think the Minnesota bank would be hard to sell, but if William Cooper got a deal done, he could make nearly $16 million.